Bridgepointe
1987 Bridgepointe Pky,
San Mateo, CA 94404
1-3 Beds | $3,678 - $4,791
Rental Market Trends in San Mateo, CA
Updated September 2026
The average rent in San Mateo, CA is $3,264/month.
Rent in San Mateo is 96% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.
$3,264/month
Average Rent
691 Sq Ft
Average Size
+9.4%
Change / Year
412
Available Apartments
San Mateo rent varies by unit size and layout:
- Studio apartments in San Mateo average $2,800 per month.
- One-bedroom apartments in San Mateo average $3,264 per month.
- Two-bedroom apartments in San Mateo average $4,162 per month.
- Three-bedroom apartments in San Mateo average $5,568 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in San Mateo, CA?
In the past year, rent has increased by 9.4%, which averages out to $307 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in San Mateo, CA
September 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
4%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
74%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in San Mateo?
Based on current rent prices, Sugarloaf, Beresford Park and Baywood-Aragon are the most affordable neighborhoods in San Mateo.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in San Mateo?
Based on current rent prices, Downtown San Mateo, North Central and Hillsdale are the most expensive neighborhoods in San Mateo.
Neighborhood
Average Rent
Average Sq Ft
Which San Mateo neighborhoods have the most rentals available?
The neighborhoods in San Mateo with the most apartments available are Shoreview, Hayward Park and Hillsdale .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in San Mateo, CA?
Because the average rent in San Mateo is $3,264, you’ll want to make about $10,880 per month or $130,560 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does San Mateo, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare San Mateo, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the San Mateo Area GuideStudio
$2,019/month
$3,036/month
One Bedroom
$2,398/month
$3,439/month
Two Bedroom
$3,170/month
$4,114/month
Three Bedroom
$3,630/month
$5,577/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Foster City
Avg Rent: $3,351/month
-
Belmont
Avg Rent: $3,090/month
-
Burlingame
Avg Rent: $3,313/month
-
San Carlos
Avg Rent: $2,731/month
-
Millbrae
Avg Rent: $2,710/month
-
Redwood City
Avg Rent: $3,248/month
-
San Bruno
Avg Rent: $2,892/month
Apartment Communities in San Mateo We Think You'll Love
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Frequently Asked Questions
What is the average rent in San Mateo?
The average rent in San Mateo is $3,264 per month, which is 96.0% higher than the national average of $1,665.
What is the average rent for a house in San Mateo?
The average rent for a house in San Mateo, CA is $5,842 per month.
Are rents going up or down in San Mateo?
Rents in San Mateo, CA are increasing, with prices up 9.4% year-over-year and $307 more per month.
What rent range is most common in San Mateo?
In San Mateo, CA, 74% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.